Warby Parker Inc. (NYSE: WRBY) saw its stock surge 6.87% in pre-market trading on Thursday following the release of its second-quarter earnings report, which showcased strong revenue growth and an improved full-year outlook. The direct-to-consumer eyewear company managed to outperform market expectations in several key areas, despite a slight miss on earnings per share.
The company reported quarterly sales of $214.475 million, surpassing the analyst consensus estimate of $212.983 million by 0.70%. This represents a robust 13.95% increase compared to the same period last year when sales were $188.222 million. While Warby Parker posted a loss of $(0.01) per share, missing the analyst estimate of $0.03 profit, investors appeared more focused on the company's revenue growth and positive forward guidance.
Warby Parker's management expressed confidence in the company's trajectory by raising its full-year 2025 outlook. The updated guidance projects net revenue between $880 million to $888 million, indicating an anticipated growth of approximately 14% to 15%. Additionally, the company reported a 9% increase in active customers on a trailing 12-month basis and plans to open 45 new stores this year, including five shop-in-shops at select Target locations. These expansion plans, coupled with improvements in Adjusted EBITDA and margin, seem to have bolstered investor confidence, driving the stock's pre-market rally despite the announced departure of CFO Steve Miller, effective October 1, 2025.